C3.ai (AI) Prices 15.5M Class A Share IPO at $42/Sh
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C3.ai Announces Pricing of Initial Public Offering
December 8, 2020 11:34 PM ESTREDWOOD CITY, Calif.--(BUSINESS WIRE)-- C3.ai, a leading enterprise AI software provider for accelerating digital transformation, announced today the pricing of its initial public offering of 15,500,000 shares of its Class A common stock at a price of $42.00 per share. C3.ai has granted the underwriters a 30-day option to purchase up to an additional 2,325,000 shares of Class A common stock at the initial public offering price less underwriting discounts and commissions. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by C3.ai, are expected to be $651 million,... More
